The table below looks at the prevalence of the term Banking in contract job vacancies advertised in Tyne and Wear. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Banking over the 3 months to 27 March 2017 with a comparison to the same period over the previous 2 years.

Note that daily and hourly rates are treated separately in these statistics. When calculating contractor rate percentiles, daily rates are never derived from quoted hourly rates or vice versa.

Banking
North East / Tyne and Wear
3 months to
27 Mar 2017
Same period 2016 Same period 2015
Rank 73 58 49
Rank change year-on-year -15 -9  
Contract jobs citing Banking 7 10 2
As % of all contract IT jobs advertised in Tyne and Wear 1.20% 1.43% 0.43%
As % of the General category 7.95% 6.71% 1.83%
Number of daily rates quoted 7 9 1
Median daily rate £475 £300 £585
Median daily rate % change year-on-year +58.33% -48.71%  
UK excluding London median daily rate £421 £422 £425
% change year-on-year -0.05% -0.82%  
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate £12.96 £10.44 £10.44
% change year-on-year +24.16% -  

Banking is in the common skills category. The next table is for comparison with the above and provides summary statistics for all contract job vacancies advertised in Tyne and Wear with a requirement for common skills.

General Skills
Tyne and Wear
Contract job vacancies with a requirement for common skills 88 149 109
As % of all contract IT job vacancies advertised in Tyne and Wear 15.04% 21.35% 23.49%
Number of daily rates quoted 72 100 70
Median daily rate £358 £350 £338
Median daily rate % change year-on-year +2.14% +3.70%  
90% offered a daily rate of more than £263 £179 £280
10% offered a daily rate of more than £525 £548 £457
UK excluding London median daily rate £410 £400 £400
% change year-on-year +2.50% -  
Number of hourly rates quoted 2 1 7
Median hourly rate £11.33 £18.50 £25.00
Median hourly rate % change year-on-year -38.75% -26.00%  
UK excluding London median hourly rate £27.00 £31.00 £25.00
% change year-on-year -12.90% +24.00%  

Banking
Job Vacancy Trend in Tyne and Wear

The job posting trend of jobs advertised in Tyne and Wear citing Banking as a proportion of all contract or permanent IT jobs with a match in the General category.

Job vacancy trend for Banking in Tyne and Wear

Banking
Contractor Daily Rate Trend in Tyne and Wear

This chart provides the 3-month moving average for daily rates quoted in contract jobs citing Banking in Tyne and Wear.

Contractor daily rate trend for Banking in Tyne and Wear

Banking
Contractor Daily Rate Histogram in Tyne and Wear

The daily rate distribution of IT jobs citing Banking in Tyne and Wear over the 3 months to 27 March 2017.

Contractor daily rate histogram for Banking in Tyne and Wear

Banking
Contractor Hourly Rate Trend in Tyne and Wear

This chart provides the 3-month moving average for hourly rates quoted in IT contractor jobs citing Banking in Tyne and Wear.

Contractor hourly rate trend for Banking in Tyne and Wear

Banking
Contract Job Locations in Tyne and Wear

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Banking within the Tyne and Wear region over the 3 months to 27 March 2017. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 3 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Last 3 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
Newcastle upon Tyne -14 7 £475 +58.33%
Banking
North East

Banking
Top 30 Co-occurring IT Skills in Tyne and Wear

For the 6 months to 27 March 2017, IT contractor jobs citing Banking also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads across the Tyne and Wear region with a requirement for Banking.

1 7 (35.00%) Linux
2 6 (30.00%) Retail
2 6 (30.00%) Analytical Skills
3 5 (25.00%) Integration Testing
3 5 (25.00%) Operational Acceptance Testing
3 5 (25.00%) Finance
3 5 (25.00%) Retail Banking
4 4 (20.00%) Degree
4 4 (20.00%) Change Management
4 4 (20.00%) ITIL
4 4 (20.00%) Problem Management
5 3 (15.00%) ServiceNow
5 3 (15.00%) Hedge funds
5 3 (15.00%) Analytics
5 3 (15.00%) Investment Management
5 3 (15.00%) CMDB
5 3 (15.00%) Linux Command Line
5 3 (15.00%) Oracle Forms
5 3 (15.00%) Oracle Reports
5 3 (15.00%) Java
5 3 (15.00%) PL/SQL
5 3 (15.00%) SQL
5 3 (15.00%) Oracle
5 3 (15.00%) Shell Script
5 3 (15.00%) Knowledge Management
5 3 (15.00%) Incident Management
6 2 (10.00%) Agile Software Development
6 2 (10.00%) Marketing
6 2 (10.00%) XML
6 2 (10.00%) Financial Institution

Banking
Co-occurring IT Skills in Tyne and Wear by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same job type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Application Platforms
1 1 (5.00%) WebSphere
Applications
1 1 (5.00%) MS Excel
1 1 (5.00%) MS PowerPoint
Cloud Services
1 1 (5.00%) IaaS
1 1 (5.00%) PaaS
1 1 (5.00%) SaaS
Communications & Networking
1 2 (10.00%) ATM
Database & Business Intelligence
1 3 (15.00%) Oracle Reports
Development Applications
1 3 (15.00%) Oracle Forms
2 1 (5.00%) jMock
2 1 (5.00%) JUnit
2 1 (5.00%) Mockito
2 1 (5.00%) StarTeam
General
1 6 (30.00%) Retail
2 5 (25.00%) Finance
2 5 (25.00%) Retail Banking
3 2 (10.00%) Financial Institution
3 2 (10.00%) Marketing
Job Titles
1 7 (35.00%) Developer
2 4 (20.00%) Analyst
3 3 (15.00%) Business Analyst
3 3 (15.00%) Oracle Developer
3 3 (15.00%) ServiceNow Developer
4 2 (10.00%) AML Business Analyst
4 2 (10.00%) ATM Engineer
4 2 (10.00%) Copywriter
4 2 (10.00%) Digital Copywriter
4 2 (10.00%) Marketing Copywriter
5 1 (5.00%) Banking Analyst
5 1 (5.00%) Financial Analyst
5 1 (5.00%) Financial Business Analyst
5 1 (5.00%) Fraud Analyst
5 1 (5.00%) Operations Analyst
5 1 (5.00%) Oracle Forms Developer
5 1 (5.00%) Risk Analyst
5 1 (5.00%) Security Manager
5 1 (5.00%) Security Project Manager
5 1 (5.00%) Support Analyst
Libraries, Frameworks & Software Standards
1 2 (10.00%) XML
2 1 (5.00%) Hibernate
2 1 (5.00%) HTML
2 1 (5.00%) J2EE
2 1 (5.00%) SOAP
2 1 (5.00%) Spring
2 1 (5.00%) Spring MVC
Miscellaneous
1 6 (30.00%) Analytical Skills
2 3 (15.00%) CMDB
2 3 (15.00%) Hedge funds
2 3 (15.00%) Linux Command Line
3 1 (5.00%) Data Structures
3 1 (5.00%) Mobile App
Operating Systems
1 7 (35.00%) Linux
2 1 (5.00%) AIX
2 1 (5.00%) Android
2 1 (5.00%) Unix
2 1 (5.00%) Windows
2 1 (5.00%) Windows 2000
2 1 (5.00%) Windows XP
Processes & Methodologies
1 5 (25.00%) Integration Testing
1 5 (25.00%) Operational Acceptance Testing
2 4 (20.00%) Change Management
2 4 (20.00%) ITIL
2 4 (20.00%) Problem Management
3 3 (15.00%) Analytics
3 3 (15.00%) Incident Management
3 3 (15.00%) Investment Management
3 3 (15.00%) Knowledge Management
4 2 (10.00%) Agile Software Development
4 2 (10.00%) Anti-Money Laundering
4 2 (10.00%) Content Marketing
4 2 (10.00%) Copywriting
4 2 (10.00%) Open Source
4 2 (10.00%) Typography
5 1 (5.00%) GAP Analysis
5 1 (5.00%) ITSM
5 1 (5.00%) MVC
5 1 (5.00%) Scrum
5 1 (5.00%) TDD
Programming Languages
1 3 (15.00%) Java
1 3 (15.00%) PL/SQL
1 3 (15.00%) Shell Script
1 3 (15.00%) SQL
2 1 (5.00%) JavaScript
Qualifications
1 4 (20.00%) Degree
2 1 (5.00%) SC Cleared
2 1 (5.00%) Security Cleared
Quality Assurance & Compliance
1 1 (5.00%) Data Quality
Vendors
1 3 (15.00%) Oracle
1 3 (15.00%) ServiceNow
2 1 (5.00%) Borland
2 1 (5.00%) Microsoft